Top 10 Macro/Financial Charts of the Week – w7 (2023)

Terrible details in Philly Fed

Forward looking indicators 6-9 months ahead still point to recession for H2-2024

“Higher for longer” view is too crowded by now

Borrowed from my dear old boss @MikaelSarwe pic.twitter.com/t8NzhUjvYp

— AndreasStenoLarsen (@AndreasSteno) February 16, 2023

🇺🇸 US Leading Economic Index Falls for a 10th Straight Month – Bloomberghttps://t.co/WcxG9C3jtH pic.twitter.com/gtITjzt9xd

— Christophe Barraud🛢🐳 (@C_Barraud) February 18, 2023

🇺🇸 #SPX | S&P 500 Haters Now Make Enough in Treasuries to Bid #Stocks Farewell – Bloomberg
*Six-month Treasury bill yield nearly equal with S&P 500 payouthttps://t.co/G9Cu5cMNHp pic.twitter.com/layFMc4ipP

— Christophe Barraud🛢🐳 (@C_Barraud) February 16, 2023

🇺🇸 #SPX | S&P 500 Companies Are Reporting Smaller EPS Surprises for 7th Straight Quarter in Q4 – Factsethttps://t.co/3KdnDEoh0E pic.twitter.com/h80Zoas0vb

— Christophe Barraud🛢🐳 (@C_Barraud) February 18, 2023

An earnings recession is happening@AyeshaTariq pic.twitter.com/ff9eyWFwcF

— Markets & Mayhem (@Mayhem4Markets) February 17, 2023

🇺🇸 Probably nothing…

H/T @albertedwards99 pic.twitter.com/8DUT0OBJrb

— Mikael Sarwe (@MikaelSarwe) February 17, 2023

🇺🇸 #Housing #Inflation | Rental Market Tracker: #Rents Rose 2% In January—The Smallest Increase In 20 Months
*Rents fell 1.9% from a month earlierhttps://t.co/DSeMtLfiQx pic.twitter.com/Sa7Umn5RKS

— Christophe Barraud🛢🐳 (@C_Barraud) February 14, 2023

🌎Container shipping costs plunge as consumer spending declines – FThttps://t.co/lrQ9Hqt9Ag pic.twitter.com/xgnfFKUSOY

— Christophe Barraud🛢🐳 (@C_Barraud) February 15, 2023

🇨🇳 The People’s Bank of #China offered 835 billion yuan ($121 billion) of cash via seven-day reverse repurchase contracts on Friday, resulting in an injection of 632 billion yuan on a net basis. That’s the largest one-day addition on record in data going back to 2004 – Bloomberg pic.twitter.com/TeepvMBz82

— Christophe Barraud🛢🐳 (@C_Barraud) February 17, 2023

🇪🇺 #Europe’s #Energy Aid Tab Nears €770 Billion, Close to EU Covid Response – Bloomberghttps://t.co/WVOPmeP2KN pic.twitter.com/Mz4wLAnQMX

— Christophe Barraud🛢🐳 (@C_Barraud) February 16, 2023